4 ms·

Hyperinflation is not on the table for the scale of money printing required to continue paying foreign owned debts.

• angrycontrarian 4y ago
  Do you have a source to back up that claim?
  • spywaregorilla 4y ago
    China has a bit less than a trillion dollars in US debt, down about $100B over the past year and expected to shrink. If the US can't source a trillion dollars something has gone very wrong.
    • angrycontrarian 4y ago
      Where's the citation that printing away the debt won't cause inflation? I can't find it in your post.
      • spywaregorilla 4y ago
        I'm asking you to use your brain and critical reasoning skills buddy. Also > won't cause inflation won't cause HYPERinflation
        • angrycontrarian 4y ago
          Extraordinary claims require extraordinary evidence. The claim that printing away 127% debt-to-GDP won't lead to hyperinflation is very extraordinary, and yet you still haven't posted evidence from an authoritative source.
          • spywaregorilla 4y ago
            > The claim that printing away 127% debt-to-GDP won't lead to hyperinflation is very extraordinary That's not the claim. Government bonds are like 30 years, so it's not 127% of the GDP all at once. Second, the context was not all debt everywhere, it was Chinese held debt, which is at about 5% of GDP, without spreading it across the duration of the bonds. > you still haven't posted evidence from an authoritative source. https://www.theonion.com/fed-raises-interest-rates-in-effort-to-hey-pay-attenti-1849072556 https://www.theonion.com/fed-raises-interest-rates-in-effort...
            • angrycontrarian 4y ago
              If you don't have an authoritative source, then you're spreading misinformation.
              • spywaregorilla 4y ago
                Can you cite a source for that claim? Because it sounds false. I suspect you may be the one spreading misinformation?